What is PPO Number (Pension Payment Order) and How to Check it Online

Who doesn't want to live a life comfortably even after retirement? Well, we all want some money saved for our retirement to be used for a decent lifestyle. The Indian Government in 1995 introduced a monthly pension plan for workers- EPS (Employee Pension Scheme). The Employee Provident Fund (EPF) scheme includes this program, which is referred to as the Employee Pension Scheme (EPS). To guarantee a stress-free retirement, workers who take part in the EPS plan receive security and monthly financial support. If you have an EPF account, you should be aware of PPOs, or pension payment orders. In this blog, you will learn what is PPO number, how to determine the status of PPO and much more.

What Is PPO Number?

PPO full form is Pension Payment Order which is a unique 12-digit number issued to every pensioner covered under the EPF scheme. It is the transaction ID for all the transactions and communications related to EPS.

The 12-digit number is as follows:

• The PPO issuing authority's code number is represented by the first five digits.
• The PPO number's year of issue is shown by the sixth and seventh digits.
• The sequential number of the PPO is represented by the eight, ninth, ten, and eleventh numbers.
• Lastly, a digital check digit is indicated by the twelfth or final digit.

Importance of PPO Number

The PPO Number is very important for all the employees.

• With a PPO number, you can receive your pension easily
• With a PPO number, you can keep a track of your pension.
• The PPO number is required if you need to receive your pension in a new bank account since your old one was closed.
• The PPO number can be used when submitting concerns to the Employee Provident Fund Organisation (EPFO).
• In order to maintain the status of your pension, you must also submit the yearly life certificate with the PPO number.
• The PPO number provides access to a variety of PPO online services, including pension details, pension payment status, pension payment slip downloads, and pension-related grievance submission.

How To Use PPO Number for Pension In EPF?

You can get PPO number for EPS Pension easily through EPFO Portal following the below steps:

• Visit the official website of EPFO: https://www.epfindia.gov.in/site_en/index.php
• Under the ‘Services’ tab, click on the ‘For Employees’ option.
• Under the ‘Services’ tab, Click on the ‘Pensioner’s Portal’ option.
• You will be redirected to the ‘Welcome to Pensioners Portal’ page.
• On the right side of the page, click on ‘'Know your PPO number'.
• Enter your bank account number or PF number.
• Your PPO number, Member ID, pension type, etc., will be shown after you have entered the correct information.

Benefits of PPO Number

• Ensures Timely Pension Payments
  A PPO number's primary benefit is that it ensures retirees will get their pension payments. The whole pension payment process is tied to your PPO number. Once your PPO number is issued, you get recognized by the system and the payments are accordingly scheduled ensuring timely and uninterrupted payments.
• It’s an Official Record
  The retiree's official record of the pension awarded to them is their PPO number. Important details such as the pensioner's name, residence, bank account information, and pension amount are included.
• Ease in Pension Transfer
  The process of transferring pension payments from one bank branch to another is very easy and simple due to the PPO number.When a pensioner moves to a different city or wants to switch bank accounts, the PPO number makes it easy and hassle-free to transfer pension benefits to the new account. All one needs to do is inform the pension giving bank or the relevant pension office regarding the change, and the transfer can be easily processed using the PPO number. You can also consider a retirement savings plan for additional security.
• Access to Pensioner Services
  Pensioners can access a variety of government-provided pension-related services, both online and offline, by having a PPO number. Pensioners can use their PPO number to access government websites including the EPFO website, the Jeevan Pramaan portal, and the UMANG app. They can check their pension status, get pension slips, update personal information, and submit life certificates. To plan your future better, explore various retirement plans available for long-term financial security.
• Digital Monitoring
  Pensions can easily monitor their payments online with platforms like Jeevan Pramaan, EPFO where they can get their issues resolved, check for discrepancies, and even view all the payment history. You can also use a retirement calculator to estimate your post-retirement finances.
• Post-Retirement Benefits
  To receive post-retirement benefits including medical allowances and family pensions, you must have a PPO number. The PPO number is used to transfer pension payments to the survivor(s) of the pensioner in the event of their death. Additionally, planning for your post-retirement life is crucial, and it's recommended to learn more about how much money is enough to retire comfortably in India.
• Dispute Resolution and Pension Grievances
  If there are any disagreements over pension payments, such as improper or delayed disbursements, the PPO number serves as a fast-moving mediator to settle the matter. Pensioners can follow up on their issues through helplines, official websites, or bank portals by using their PPO number to track payments, make complaints, and follow up.

How To Check Pension Payment Order Status?

For checking your PPO status, Follow the steps mentioned below:

• Go to the official website portal of the Central Pension Accounting Office.
• Tap on the ‘Pensioner’ option.
• Under the ‘For Pensioners’ option, click on the ‘PPO Status’.
• Enter your 12-digit PPO number and the captcha code in the box.
• Click on the ‘Submit’ button to know and view your PPO status.

How to Download Pension Payment Orders Online

For downloading your Pension Payment Orders online, you need to follow the steps mentioned below:

• Visit the official website of DigiLocker.
• Log in to your account
• Provide all the details like your Aadhaar card number, mobile number, username.
• You will receive an OTP on your mobile number registered with Aadhar Card.
• Enter the OTP.
• After you have logged in, choose ‘Issued Documents’
• Tap on ‘Get More Issued Documents’.
• Under the 'Central Government' section, Choose ‘Employees Provident Fund Organisation’.
• Select the UAN option and mention your UAN number.
• Tap on ‘Get Document’.
• You will receive your PPO under ‘Saved Documents’.
• You can now easily access and download the PPO document.

For retirees, the PPO number serves as more than just a pension identification number; it is a lifeline that guarantees correct, timely, and seamless pension payments. Pension Payment Order: a symbol of your post-retirement financial stability and well-being. It ensures that you will receive all the financial advantages for which you have put in a lot of effort over the years. The PPO number makes a big difference in how easy it is to monitor pension disbursements, transfer payments to new accounts, and access vital online services for pensioners. For more on pension plans, you can also learn about what pension plans are to help you make an informed decision for your future.

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4. Guide to Pension Planning: Types of Pension Schemes in India

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